21 November 2024 | 8 replies
Other ideas that have captured my attention are finding a 4 bed/1.5 bath house that has room to add a stand up shower to make it a proper 4/2.
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21 November 2024 | 16 replies
Make sure your LLC is set up properly, and consider hard money lenders for more flexible options.
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20 November 2024 | 24 replies
As someone who lives in Dallas proper, and gets good natured annoyed when some one who lives in Plano says they live in "Dallas" they places you mentioned would make folks who live in Prosper blush (40 miles from Dallas) blush.
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13 November 2024 | 7 replies
IF you try to obtain it without a skilled Expediter who has experience getting one, you are certainly not putting your best into attaining it.That being said, I have known some expediters who are supposed to be really good make mistakes or don't have the proper knowledge either.
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18 November 2024 | 3 replies
Sure there is a very small chance that something will go wrong, but with the tightening rental laws spending a little on a proper lease is smart.
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26 November 2024 | 44 replies
Print off some contact cards, and literally walk door to door. yes, literally knock, introduce yourself, not selling anything, actually looking for some help.
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15 November 2024 | 7 replies
Also, Credit Card suggestions for best business card for benefits / perks right now?
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21 November 2024 | 11 replies
All their clients tried to blame us for not being able to:1) Do the rehabs on the budget advertised2) Get the rents they were promisedCheck out our website and DM us if you'd like more info or discuss the proper way to invest in Detroit:)
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21 November 2024 | 20 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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18 November 2024 | 8 replies
Well....should you invest in a city where the people elected a woman with foreclosures, liens, judgements, garnishments, ethical violations from the state ethics board, misused a city credit card, went three years arrears on her federal taxes all while yelling for other people to pay " their fair share, " left skeletonized dead bodies hanging over Canal St for months on end covered only by a tarp until the wind blew it off to reveal to our horror her blatant disrespect for human dignity?